Sage Group PLC (OTCMKTS:SGPYY – Get Free Report) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1,140 shares, a decrease of 69.3% from the June 30th total of 3,715 shares. Based on an average trading volume of 97,709 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.
Sage Group Price Performance
SGPYY stock opened at $45.79 on Monday. The business has a 50 day moving average of $45.41 and a 200-day moving average of $47.17. Sage Group has a 12-month low of $41.80 and a 12-month high of $68.52.
Analyst Ratings Changes
Separately, Morgan Stanley reiterated an “overweight” rating on shares of Sage Group in a research note on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.
Sage Group Company Profile
Sage Group plc is a global provider of business management software and services tailored primarily to small and medium-sized enterprises. The company delivers a suite of cloud-based and on-premises solutions designed to simplify accounting, payroll, human resources, enterprise resource planning (ERP) and payment processing. Through its flagship Sage Business Cloud platform, Sage enables customers to manage financials, operations and workforce activities via integrated applications and data analytics.
The company’s product portfolio includes accounting and invoicing tools, payroll management systems, payment solutions and HR management software.
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